Last deal

$5.25M

Amount

Post-IPO Equity

Stage

27.06.2024

Date

2

all rounds

$5.75M

Total amount

date founded

Financing round

General

About Company
Nexalin Technology develops transcranial electrical stimulation equipment for the treatment of anxiety, insomnia, and depression.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Nexalin Technology Inc.

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Nexalin Technology, based in Irvine, California, designs and manufactures FDA-cleared transcranial electrical stimulation equipment that provides a non-invasive and drug-free therapy for anxiety, depression, and insomnia. The company's patented waveform produces Transcranial Electrical Stimulation (TES), which affects the hypothalamus and related brain structures to normalize neurochemistry. This therapy is long-lasting and has undergone extensive safety analysis, making it a low-risk device for clinical trials. Nexalin's treatments allow patients to avoid medication side effects and experience improvements in their conditions after completing sessions.
Contacts

Contact Email

Phone number

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Financials

Funding Rounds
2
2

Number of Funding Rounds

$5.75M

Money Raised

Their latest funding was raised on 27.06.2024. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
27.06.2024
$5.25M
09.08.2011
$501.71K
Co-Investors

People

Employee Profiles
4
Michael Nketiah

Michael Nketiah

Senior Vice President Regulatory, Clinical & Quality Affairs

Mark White

Chief executive officer and president

Randall Letcavage

Chairman

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week